Corporate institutions and small businesses have been urged to leverage Artificial Intelligence to increase productivity.

According to Chief Executive Officer for Web and Software, Philip Gamey, AI can aid businesses in streamlining job processes and aggregating data.

Speaking to Joy Business at a press briefing on the assessment of strategy and impact of Artificial Intelligence on corporate Ghana, he explained that businesses can incorporate AI to reduce operational costs, increase efficiency, grow revenue, and improve customer experience.

“Companies must find an innovative way to get powerful insights to know what is happening around them and AI can help most of them in doing that. End of year review must be a thing of the past. We need real-time update”.

“We need to plan for the future of our workforce. We must retrain our workforce for more skills. We need outsource models”, he pointed out.

Mr. Gamey furthered that “with the greatest benefits, businesses should look at putting the full range of smart technologies including machine learning, natural language processing and more into their processes and products”.

Artificial Intelligence is expected to take digital technology out of the two-dimensional screen and bring it into the three-dimensional physical environment surrounding an individual.